The pound sterling has strengthened against other currencies after going through a brief dip before the Scottish referendum.
Numbers crunched by Post Office Travel Money found the pound is not as strong as three months ago when there was a surge, but has still improved year-on-year.
Travellers can now get 7.6% more euros than last year at a 1.234 rate (for GBP500+ sales), while the dollar is only up 0.1% to 1.555.
The largest gains have been against the Russian ruble at 23.6%, Czech koruna at 15.7% and Swedish kroner at 12.6%.
Two thirds of the best-selling currencies have seen an increase in year-on-year sales for the firm, with seven seeing double-digit growth. The largest gain has been for the New Zealand dollar (22%). “Some of the biggest gains for sterling in recent weeks have been against European currencies, many of which have weakened between 2-3%. If this trend continues it will make half term breaks and pre-Christmas visits to European cities an attractive prospect,” said Andrew Brown of Post Office Travel Money.
“Further afield, the Australian and New Zealand dollars have weakened significantly. At a time when many people will be considering Christmas visits to friends and family, a rise of almost six per cent in the value of sterling compared with a month ago and even more than that compared with autumn 2013 augurs well for the holiday budget,” he added.
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